Chalerm: No worries about 2 decrees
The government does not have to take responsibility if the Constitution Court rules that two financial executive decrees it has issued are unconstitutional, Deputy Prime Minister Chalerm Yubamrung said on Wednesday.
- Published: 8/02/2012 at 12:30 PM
- Newspaper section: breakingnews
One of the decrees allows the government to seek 350 billion baht in loans for water management programmes and flood rehabilitation and restoration, and the other allows the Finance Ministry to transfer 1.14 trillion baht in debt from the 1997 financial crisis to the Financial Institutions Development Fund (FIDF) which is under the Bank of Thailand.
The Constitution Court has accepted petitions filed by 128 Democrat MPs and a number of senators for it to rule on the constitutionality of the two decrees.
If the Constitution Court ruled that the two decrees were unconstitutional, the government would not have to take any responsibility as there is no law requiring it to do that, he said.
Mr Chalerm said the government had prepared a way out. It could propose the two decrees as ordinary bills for the House of Representatives to approve in three straight readings.
"There is no tradition or law requiring the government to show any responsibility. It is not necessary for the prime minister to resign, if that happens. We can still get House approval for them in three readings," he said.
He said the government's stability would not be affected.
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